As business owners contemplate a sale or transition of a family business, it is important that they examine the full range of issues related to their company and their family, and to address those issues beforehand to insure a successful transaction.
In this interactive panel discussion, an experienced transactional attorney and CPA will examine the legal, tax, operational, and family issues that must be carefully scrutinized to enhance the chances of a successful transaction.
Learning Objectives:
- Overview of the nuances of a family business transaction.
- Understanding the legal, tax, operational, and personal issues that will be examined, and address as part of a family business transition.
- Planning strategies that work with family businesses in advance of the transaction.
- Identifying current best practices and trends.
About the Presenters:
Hear from industry expert Peggy Hosking, Esq. and Matt Wilson, CPA.
Event Location
Event Details
Who Should Attend?
-
Valuation Analysts
Valuation is both a billable engagement AND an opportunity to provide owners some perspective on how to accelerate value drivers (and deal with value killers). Use exit planning to make that valuation into a longer term value acceleration engagement.
-
Financial Advisors
One of the critical ‘legs of the stool’ is personal financing planning. An owner must have a strong financial plan & contingency plan post-transition to enable them to thrive in the next act of the lives personally and financially. Exit planning brings this future mindset into the present. Exit is now.
-
Wealth Managers
You’re a skilled relationship person. Being entangled into your clients’ professional lives matters as you build a strategy to manage their wealth upon them harvesting it from their business. Exit planning allows you to build a deeper relationship with your client, expands your COI network, while giving you an early seat at table well before the liquidity event.
-
CPAs/Accountants
Owners participating in the State of Owner Readiness research continue to indicate that you are the No. 1 "Most Trusted Advisor." You are a natural fit to lead the exit planning team and deepen your relationship (and retention) of next generation owners.
-
Attorneys
You have close relationships with clients, and can benefit from being the first advisor to introduce the idea of exit planning.
-
Estate Planners
Exit planning is a natural fit for estate planners who want to operate more holistically with their owner clients.
-
Investment Bankers
Only 2 of every 10 businesses that come to market actually sell. Learn how exit planning can bring attractive AND ready business to your purview.
-
Commercial Lenders
One of the best relationships a business owner makes is with their banker. How can you help your corporate clients think about the future and ensure financial continuity? Answer: exit planning.
-
Mergers & Acquisition Advisors
Proper exit planning causes less deals to fall through at the last minute. Connect with CEPAs to build your healthy deal flow network.
-
Family Business Advisors
More than 50% of lower middle market business owners would prefer to transition to the next generation. Help them succeed with exit planning strategies.
-
Other Professional Advisors
Regardless of your unique specialty, there is seat at the exit planning table for you. Learn more at www.EarnCEPA.com.
-
Private Business Owners
-
Other Business Professionals
-
Business Consultants
-
Members of Family Business Boards
-
Professional Advisors
-
Strategic Consultants
One of the most critical roles in exit planning is building transferable value. Strategic consultants have the ability to expand options and drive rapid business value that affect performance today.
-
Insurance Professionals
Exit planning addresses the 5 D's. So do you. Approach the risk conversation differently with exit planning.
-
Business Owners
-
Business Owners & Their Trusted Advisors
EXIT PLANNING IS GOOD BUSINESS STRATEGY
The Exit Planning Institute, provides Financial Advisors, Accountants, Consultants, and other advisors of business owners with the critical education to differentiate themselves and add value to their existing client relationships through a credential, conference, courses, and content. Download the CEPA brochure for more information.
ABOUT THE PRESENTER
With over twenty years of experience in taxation, accounting, auditing, and consulting, Matthew has first-hand knowledge in a broad range of industries. Clients include construction, wholesale distribution, manufacturing, not-for-profit, property management and retail.
Matthew is an integral part of his clients’ strategic team. He works closely with the owners of businesses to assist with growth and tax planning, profitability analysis, and succession planning while also providing implementation of accounting software, set-up of internal controls and employee training.
Education
- Master of Science in Accountancy, California State University, San Bernardino
- Bachelor of Science in Business Administration with a concentration in Accounting, California State University, San Bernardino
License
- Licensed to practice as a Certified Public Accountant in the State of California (77522)
Peggy Hosking is a Shareholder in both the Firm’s Los Angeles and Orange County offices and also a member of Buchalter’s Real Estate Practice Group. Ms. Hosking serves as outside general counsel with her main focus on commercial real estate transactions. For many of her clients, Peggy is the first call for all of their legal needs. Peggy represents owners, developers, borrowers, lenders or investors in their acquisition, disposition, development, finance, leasing, and management of real estate. This includes retail, commercial, industrial, residential and office use. Peggy believes in a hands-on approach and is not only available to counsel her clients, but also oversees their transaction from formation through succession or sale.
Peggy is also Co-Chair of Buchalter’s new Equine Law Group. An avid equestrienne all her life, she has been involved in various areas of the equine industry: Hunter/Jumper, Reining, Dressage and Breeding. Because of her extensive knowledge, she understands the pitfalls of the business and can help her clients navigate through the difficult process of liability protection. Her clients include but are not limited to horse owners, property owners, riders, trainers and breeders. She has represented professionals in front of USEF; handled the acquisitions, development, leasing and disposition of equestrian centers, ranches, farms and training facilities across the country; drafted hundreds of purchase agreements, co-ownership and joint venture agreements, sponsorships, equine leases, boarding agreements, training agreements and myriad other agreements related to the equine world.
Ms. Hosking was nominated for Super Lawyers in 2019.